Hussman Strategic Market Cycle Fund (HSGFX)
| Fund Assets | 349.80M |
| Expense Ratio | 1.22% |
| Min. Investment | $1,000 |
| Turnover | 113.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 2.65% |
| Dividend Growth | -12.45% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 6.26 |
| YTD Return | 13.87% |
| 1-Year Return | 13.77% |
| 5-Year Return | 14.20% |
| 52-Week Low | 5.41 |
| 52-Week High | 6.90 |
| Beta (5Y) | -0.50 |
| Holdings | 209 |
| Inception Date | Jul 24, 2000 |
About HSGFX
The Strategic Market Cycle Fund is a mutual fund designed with a dual mandate: to achieve long-term capital appreciation while placing a strong emphasis on protecting capital during unfavorable market conditions. Managed by John P. Hussman, Ph.D., since its inception in 2000, the fund primarily invests in common stocks selected for their favorable valuations and market characteristics. What sets this fund apart is its use of active risk management strategies, including the use of options, index futures, and short sales of ETFs to hedge or adjust equity market exposure depending on prevailing market conditions. This flexible approach enables the fund to dynamically reduce risk during volatile or declining markets and potentially increase exposure when conditions are deemed favorable. The fund generally favors companies with market capitalizations exceeding $500 million and can hold a combination of equities, cash reserves, and derivative contracts. Its role in the financial market is to offer investors a vehicle that blends growth-oriented stock selection with robust risk controls, aiming to navigate full market cycles rather than simply tracking a benchmark index.
Performance
HSGFX had a total return of 13.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.75%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
54.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Short-Term Invts T - Invesco Treasury Portfolio Institutional Class | n/a | 40.30% |
| The Campbell's Company | CPB | 1.92% |
| Colgate-Palmolive Company | CL | 1.80% |
| Barrick Mining Corporation | ABX | 1.75% |
| Newmont Corporation | NEM | 1.74% |
| Alphabet Inc. | GOOG | 1.41% |
| THE OPTIONS CLEARING CORPORATION - S&P 500 Index Option | SPX. 250516P05600000 | 1.38% |
| Corcept Therapeutics Incorporated | CORT | 1.37% |
| THE OPTIONS CLEARING CORPORATION - Russell 2000 Index Option | RUT. 250516P02000000 | 1.37% |
| Halozyme Therapeutics, Inc. | HALO | 1.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.1645 | Jan 2, 2025 |
| Dec 29, 2023 | $0.1879 | Jan 2, 2024 |
| Dec 30, 2022 | $0.0768 | Jan 3, 2023 |
| Dec 31, 2021 | $0.0259 | Dec 31, 2021 |
| Dec 31, 2020 | $0.010 | Jan 4, 2021 |
| Dec 31, 2019 | $0.0986 | Jan 2, 2020 |